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Lawrence's Comment Recap Euro found support after 50% range expansion down to near Y-2. Double bottom on 4 hours produced the low and gave us equal distance run back up above previous ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MORELawrence's Comment Recap Y+1 cleared as expected. Consolidation action around Y+1. Closed the week above Y+1 and midpoint. Outlook Condolidation with strong close implies above B+1 likely. Strong reversal from above B+1 and below ...READ MOREIntraday Cycle Projection (AUDUSD) 2015-10-02Intraday Cycle Projection (AUDUSD) 2014-06-18Intraday Cycle Projection (AUDUSD) 2012-09-11EURUSD Mar 07 to Mar 11 OutlookIntraday Cycle Projection (AUDUSD) 2021-12-30Precog Vision – Forex 2016-5-13USDCAD Aug 11 to Aug 15 OutlookUSDJPY Aug 20 to Aug 24 OutlookAUDUSD Aug 14 to Aug 18 Outlook3DP Odds Table (AUDUSD) 2014-09-23
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AUDUSD Aug 26 to Aug 30 Outlook
Lawrence’s Comment
FBO against Y+1 and collapsed immediately. Flushed down to below Y-2. Printed almost 200% absolute range expansion before Aussie could bounce. The overshoot both ways scenario unfolded as expected. Closed the week below Y-1 and midpoint.
Outlook
Gold made a breakout to upside move by end of last week while Aussie could not even push back up to Y-1. It is bearish for both gold and Aussie. As long as B-0 is acting as resistance, retest of B-1 is likely.
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